There Are Two Primary Audiences for a Business Plan

question 43

Multiple Choice

There are two primary audiences for a business plan:

• A) a firm's employees and officials with the SEC
• B) a firm's customers and its competitors
• C) investors and other external stakeholders and public relations firms
• D) officials with the SEC and public relations firms
• E) a firm's employees and investors and other external stakeholders

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Definitions:

Heteronomous Morality

The first stage of moral development in Piaget’s theory, occurring from 4 to 7 years of age. Justice and rules are conceived of as unchangeable properties of the world, beyond the control of people.

Immanent Justice

The belief, often held by children, that moral behavior is immediately rewarded and immoral behavior is immediately punished.

Autonomous Morality

The second stage of moral development in Piaget’s theory, displayed by older children (about 10 years of age and older). The child becomes aware that rules and laws are created by people and that, in judging an action, one should consider the actor’s intentions as well as the consequences.

Punishment

A consequence aimed at reducing a behavior, typically involving unpleasant or undesirable outcomes for the recipient.